B. Metzler seel. Sohn & Co. AG Purchases Shares of 157,095 Chunghwa Telecom Co., Ltd. $CHT

Key Points

• B. Metzler seel. Sohn & Co. AG bought a new stake of 157,095 shares in Chunghwa Telecom (NYSE:CHT) during Q4, valued at about $6.55 million.
• Chunghwa Telecom has a market cap of $33.48 billion and trades at a PE of 26.81; it reported Q4 EPS of $0.38 on $2.09 billion in revenue and carries an average analyst rating of Hold with expected FY EPS of 1.59.
• Institutional investors collectively own roughly 2.11% of the company’s stock.

B. Metzler seel. Sohn & Co. AG purchased a new stake in shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 157,095 shares of the utilities provider's stock, valued at approximately $6,554,000.

A number of other institutional investors have also bought and sold shares of the company. Evergreen Capital Management LLC boosted its position in Chunghwa Telecom by 1.7% during the third quarter. Evergreen Capital Management LLC now owns 14,822 shares of the utilities provider's stock valued at $647,000 after acquiring an additional 245 shares during the last quarter. Compound Planning Inc. boosted its position in shares of Chunghwa Telecom by 2.6% during the 3rd quarter. Compound Planning Inc. now owns 9,802 shares of the utilities provider's stock worth $428,000 after purchasing an additional 251 shares in the last quarter. Farther Finance Advisors LLC boosted its position in shares of Chunghwa Telecom by 65.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 866 shares of the utilities provider's stock worth $38,000 after purchasing an additional 344 shares in the last quarter. Laird Norton Wetherby Wealth Management LLC boosted its position in shares of Chunghwa Telecom by 1.3% during the 3rd quarter. Laird Norton Wetherby Wealth Management LLC now owns 32,076 shares of the utilities provider's stock worth $1,399,000 after purchasing an additional 425 shares in the last quarter. Finally, Xponance Inc. boosted its position in shares of Chunghwa Telecom by 8.5% during the 3rd quarter. Xponance Inc. now owns 6,403 shares of the utilities provider's stock worth $279,000 after purchasing an additional 504 shares in the last quarter. Institutional investors own 2.11% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. Zacks Research raised shares of Chunghwa Telecom to a "hold" rating in a research report on Monday, January 12th. Weiss Ratings reissued a "hold (c)" rating on shares of Chunghwa Telecom in a research report on Monday. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, Chunghwa Telecom has an average rating of "Hold".

Chunghwa Telecom Price Performance

CHT stock opened at $43.17 on Friday. The stock has a market capitalization of $33.48 billion, a PE ratio of 26.81, a price-to-earnings-growth ratio of 5.78 and a beta of 0.31. The company's 50-day moving average is $42.81 and its 200-day moving average is $42.39. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.45 and a quick ratio of 1.29. Chunghwa Telecom Co., Ltd. has a 1 year low of $38.95 and a 1 year high of $47.03.

Chunghwa Telecom (NYSE:CHT - Get Free Report) last released its quarterly earnings data on Thursday, February 26th. The utilities provider reported $0.38 earnings per share (EPS) for the quarter. The company had revenue of $2.09 billion for the quarter. Chunghwa Telecom had a net margin of 16.37% and a return on equity of 9.85%. Equities research analysts expect that Chunghwa Telecom Co., Ltd. will post 1.59 EPS for the current fiscal year.

Chunghwa Telecom Company Profile

Chunghwa Telecom Co, Ltd. is the largest integrated telecommunications service provider in Taiwan, serving both consumer and enterprise customers across the island and through international telecommunications links. The company offers a full range of voice, data and multimedia services and operates as the incumbent fixed-line operator while also competing in mobile, broadband and enterprise markets. Its network footprint and traffic interchange capabilities support domestic communications and cross-border connectivity for carriers and multinational businesses.

Chunghwa Telecom's product and service portfolio includes fixed-line telephony, mobile services (including 4G and 5G wireless access), broadband internet (DSL and fiber-to-the-home), and IPTV.

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